Balrampur Chini Mills announced the outcome of its Board Meeting held on February 10, 2026. The Board approved the Un-Audited Financial Results (Standalone and Consolidated) for the Quarter and Nine months ended December 31, 2025, following a review by the Audit Committee. Additionally, the Board designated Ms. Mamta Binani as the new Chairperson of the Executive Committee, effective immediately.
Board Meeting Outcome and Financial Results Approval
The Board of Directors of Balrampur Chini Mills Limited convened on February 10, 2026, between 01:00 P.M. and 02:40 P.M., to consider key corporate matters. The primary outcome was the approval of the Un-Audited Financial Results (Standalone and Consolidated) for the Quarter and Nine months ended December 31, 2025. These results were previously reviewed and recommended by the Audit Committee. The Limited Review Reports from the Statutory Auditors are enclosed as Annexure-A.
Key Board Appointments
The Board also took action regarding committee leadership. Ms. Mamta Binani, an Independent Director, was designated as the Chairperson of the Executive Committee of the Board of Directors, effective from February 10, 2026. Details of the committee composition are provided in Annexure B.
Standalone Financial Highlights (Q3 FY2025-26 vs Q3 FY2024-25)
Analyzing the Standalone Results for the quarter ended 31-12-2025:
- Revenue from operations: Decreased to ₹145,841.80 lakhs from ₹167,078.38 lakhs in the corresponding previous period.
- Profit before exceptional items and tax (1+2-3): Stood at ₹16,316.03 lakhs compared to ₹7,058.81 lakhs previously.
- Profit for the period (net of tax): Was ₹10,966.36 lakhs against ₹4,595.32 lakhs previously.
- Earnings per share (Basic): Was ₹5.28 for the quarter, up from ₹2.26 in the corresponding period last year.
Consolidated Financial Highlights (9M FY2025-26 vs 9M FY2024-25)
Reviewing the Consolidated Results for the Nine months ended 31-12-2025:
- Revenue from operations: Totaled ₹467,115.59 lakhs, up from ₹393,831.63 lakhs in the previous corresponding period.
- Profit before exceptional items and tax (1+2-3): Increased to ₹29,952.82 lakhs from ₹16,532.26 lakhs.
- Profit for the period (net of tax): Rose to ₹12,365.90 lakhs from ₹4,393.71 lakhs.
- Earnings per share (Basic): Increased to ₹9.62 from ₹3.10.
Notes on Financial Reporting
Interim Dividend
An interim dividend of ₹3.50 (350%) per equity share for FY 2025-26 was declared on November 11, 2025, and paid during the quarter ended December 31, 2025.
Employee Stock Options (ESARs and RSUs)
During the nine months ended December 31, 2025, 48,065 equity shares were allotted upon exercise of 131,602 ESARs. Furthermore, 177,947 ESARs and 1,118,513 RSUs were granted during the same nine-month period.
UPERC Tariff Revision Impact
Revenue amounting to ₹1,770.22 lakhs arising from the retrospective tariff revision by the UPERC (effective April 1, 2024) was recognized during the quarter ended September 30, 2025, and is included in “Revenue from operations” for the current periods.
Impact of Labour Codes
The enactment of the Labour Codes (effective November 21, 2025) led to changes in employee benefit plans. Actuarially determined past service costs for gratuity and leave encashment, amounting to ₹36.49 lakhs, were recognized as an expense during the quarter and nine months ended December 31, 2025.
Consolidated Results and Associate Company
The Consolidated Financial Results include the proportionate share of net profit after tax from the associate, Auxilo Finserve Private Limited (“AFPL”). The review of AFPL’s results was performed by the other auditor. The Company’s share of profit after tax from AFPL for the quarter was ₹676.68 lakhs, and for the nine months was ₹2,319.15 lakhs.
Industry Note
It is noted that sugar manufacturing is a seasonal industry, hence the results for the quarter are not necessarily representative of the Company’s full annual performance.
Source: BSE
